Zeta Tau Alpha Foundation Inc
- Assets
- $26.0m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, IN
- Founding
- 08/1980
- Data as of
- 07/2023
- EIN
- 31-0987111
Organization Overview
Zeta Tau Alpha Foundation Inc is located in Carmel, IN. The organization was established in 1980. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Zeta Tau Alpha Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2023, Zeta Tau Alpha Foundation Inc generated $5.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $4.0m during the year ending 07/2023. While expenses have increased by 1.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Zeta Tau Alpha Foundation Inc has awarded 45 individual grants totaling $6,554,841. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ZETA TAU ALPHA FOUNDATION, INC. IS ORGANIZED TO CONDUCT FUNDRAISING FOR EDUCATIONAL AND CHARITABLE PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ZETA TAU ALPHA FOUNDATION, INC. HELPS TO SUPPORT AND EDUCATE THE PUBLIC ON ISSUES SUCH AS DRINKING RESPONSIBLY, SEXUAL ASSAULT PREVENTION, MENTAL HEALTH AND BREAST CANCER EDUCATION, AWARENESS, AND RESEARCH.
ZETA TAU ALPHA FOUNDATION, INC. PROVIDES FINANCIAL AID TO QUALIFIED COLLEGE STUDENTS. IN FISCAL YEAR 2023, THE PROGRAM SERVICED 338 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Hof Carpenter President | OfficerTrustee | 2 | $0 |
Marlene Dunbar Conrad Vp-Philanthropy | OfficerTrustee | 2 | $0 |
Kristen Humeston Harthorn Vp-Scholarship | OfficerTrustee | 2 | $0 |
Cynthia Byars Courtney Vp-Alumnae Development | OfficerTrustee | 2 | $0 |
Carla Martin Cobb Vp-Collegiate Development | OfficerTrustee | 2 | $0 |
Kay Dill Kreutzer Secretary/treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,757,526 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,757,526 |
| Total Program Service Revenue | $0 |
| Investment income | $1,125,560 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$81,520 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,803,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,456,900 |
| Grants and other assistance to domestic individuals. | $1,001,654 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $99,972 |
| Fees for services: Other | $28,233 |
| Advertising and promotion | $0 |
| Office expenses | $28,562 |
| Information technology | $247,309 |
| Royalties | $0 |
| Occupancy | $48,759 |
| Travel | $18,655 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $81,303 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,549 |
| Insurance | $16,544 |
| All other expenses | $109,108 |
| Total functional expenses | $4,027,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,906,205 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $362 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $22,100,574 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,586 |
| Total assets | $26,017,727 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $18,908,589 |
| Net assets with donor restrictions | $7,109,138 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $26,017,727 |
Grants Awarded
Over the last fiscal year, Zeta Tau Alpha Foundation Inc has awarded $1,432,961 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ZETA TAU ALPHA FRATERNITY PURPOSE: EDUCATION & LEADERSHIP DEVELOPMENT | $798,977 |
AMERICAN CANCER SOCIETY PURPOSE: BREAST CANCER SPONSOR | $250,000 |
BREAST CANCER RESEARCH FOUNDATION PURPOSE: BREAST CANCER SPONSOR | $250,000 |
BRIGHT PINK PURPOSE: BREAST CANCER SPONSOR | $50,000 |
INDIANA UNIVERSITY FOUNDATION PURPOSE: SERVICE GRANT | $25,218 |
PURDUE UNIVERSITY CANCER RESEARCH CENTER PURPOSE: SERVICE GRANT | $25,000 |